Becoming a Validator
Considerations
As much as we wish that staking were accessible and risk-free to everyone, this is not a reality. There are some practical and serious considerations to consider before deciding to become a validator and stake your KUB.
Technical Knowledge
Node setup requires reasonable technical knowledge when working with computers, although new tools make this easier over time. Understanding the command-line interface is helpful, but no longer strictly required. It also requires a basic hardware setup and an understanding of the minimum recommended specs.
Secure Key Management
Similar to private keys that secure your wallet address, you will need to generate keys specifically for your validator. You must understand how to keep any seed phrases or private keys safe and secure.
Maintenance
Hardware occasionally fails, network connections error out, and client software occasionally needs upgrading. Node maintenance is inevitable and will occasionally require your attention. You'll want to be sure you stay aware of any anticipated network upgrades or other critical client upgrades.
Reliable Uptime
Your rewards are proportional to the time your validator is online and properly attested. Downtime incurs penalties that are proportional to how many other validators are offline simultaneously, but does not result in slashing. Bandwidth also matters, as rewards are decreased for attestations that are not received in time. You must keep your validator online and up to date. This is your responsibility, and your account will be penalized if it goes offline. The penalties for being offline are roughly equal to the rewards for actively participating.
Become a Validator
Propose new blocks and verify transactions following the KUB Proof-of-Stake mechanism
Run the latest part of the blockchain state to ensure the stability and operation of the network
Run a node that retains the complete block history of the KUB network
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